Kates Caf, Inc. has common stock plus paid-in capital of $3,240,000. The companys retained earnings are $17,400,000, and the treasury stock balance is -$7,600,000. There are 1,740,000 shares outstanding, and the current stock price is $26.90 per share.

a. What is the book value of the company? (Round your answer to the nearest dollar.)

b. What is the market value of the company? (Round your answer to the nearest dollar.)